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RNS Number : 6135Y

TMT Investments PLC

07 December 2017

7 December 2017

TMT INVESTMENTS PLC

("TMT" or the "Company")

Proposed participation in a new fund

TMT Investments PLC (AIM: TMT.L), the venture capital company investing in high-growth technology companies across a number of core specialist sectors, announces that a number of blockchain industry participants, in a joint initiative with TMT, propose to launch a new fund investing in blockchain-related opportunities (the "Fund").

Details of TMT's participation in the Fund have not been finalised, but it is envisaged that certain members of the Company's senior team will join the board of directors of the Fund's management company. In addition, TMT will contribute its human resources and expertise to the Fund. TMT is not expected to be responsible for general administration of the Fund.

Further announcements will be made, as appropriate, in due course.

 
TMT Investments PLC            +44 1534 281 843 
 Alexander Selegenev            alexander.selegenev@tmtinvestments.com 
 Executive Director 
 www.tmtinvestments.com 
Smith & Williamson Corporate 
 Finance Ltd 
 Nominated Adviser 
 Russell Cook 
 David Jones 
 Ben Jeynes                    +44 (0)20 7131 4000 
Hybridan LLP 
 Broker 
 Claire Louise Noyce           +44 20 3764 2341 
Kinlan Communications          +44 20 7638 3435 
 David Hothersall               davidh@kinlan.net

About TMT Investments PLC

TMT Investments PLC invests in high-growth technology companies across a number of core specialist sectors and has a significant number of Silicon Valley investments in its portfolio. Founded in 2010, TMT has net assets of US$58m and has invested in over 40 companies to date. The Company's objective is to generate an attractive rate of return for shareholders, predominantly through capital appreciation. The company is traded on the AIM market of the London Stock Exchange. www.tmtinvestments.com

This information is provided by RNS

The company news service from the London Stock Exchange

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(END) Dow Jones Newswires

December 07, 2017 02:00 ET (07:00 GMT)

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